Asia-Pacific power industry contracts activity in Q3 2022 saw 227 contracts announced, marking a drop of 39% over the last four-quarter average of 370, according to GlobalData’s power database.
-
Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
Asia-Pacific power industry contracts in Q3 2022: China leads activity
Looking at contracts by country, China led the activity in Q3 2022 with 162 contracts and a share of 71.4%, up 10.5% over the previous quarter and flat growth when compared with the last four-quarter average, followed by the Philippines with 20 contracts and a share of 8.8% and India with ten contracts and a share of 4.4% during the quarter.
Looking at the last four-quarter average, China held the top spot with 162 contracts, followed by India with 68 and Australia with 24 contracts.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
-
Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
Solar is top technology area for contracts in Q3 2022
Looking at contracts divided by the type of technology, solar accounted for the largest proportion with 81 contracts and a 48.5% share, followed by wind with 47 contracts and a 28.1% share and thermal with 18 contracts and a 10.8% share.
Looking at power industry contracts divided by segment as tracked by GlobalData, Power Plant was the most popular segment in Asia-Pacific power contracts activity during Q3 2022, with 119 contracts, followed by T&D Project (100) and Electricity Procurement (37).
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Project Implementation: 94 contracts and a 41.4% share
- Consulting & Similar Services: 75 contracts and a 33% share
- Power Purchase Agreement: 37 contracts and a 16.3% share
- Supply & Erection: 15 contracts and a 6.6% share
- Repair, Maintenance, Upgrade & Others: four contracts and a 1.8% share
- Others: two contracts and a 0.9% share.
Power contracts in Q3 2022: Top companies by capacity
The top issuers of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:
- Government Of Rajasthan (India): 10,000MW from one contract
- Xinjiang Yecheng: 2,000MW from one contract
- Philippines Department of Energy (Philippines): 1,936.93MW capacity from 18 contracts.
Power contracts in Q3 2022: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:
- NTPC Renewable Energy (India): 10,000MW from one contract
- China Energy Engineering (China): 7,602.7MW from 41 contracts
- Shandong Yijian Construction (China): 3,210MW capacity from four contracts.
All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.
